Not registered yet? Get a free account.

Sign Up
search icon cancel icon
Avanse Financial Services Limited Location T. Score Charges People Network Registered Details

AVANSE FINANCIAL SERVICES LIMITED

www.avanse.com
Active
Updated: 20 Oct 2024

Avanse Financial Services Limited, is an unlisted public company incorporated on 07 August, 1992. It is classified as a public limited company and is located in Mumbai, Maharashtra. It's authorized share capital is INR 200.00 cr and the total paid-up capital is INR 125.91 cr.

Avanse Financial Services Limited's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2024. It's EBITDA has increased by 77.07% over the previous year. At the same time, it's book networth has increased by 71.02%.

Read more

Industry

Finance
Products
  • EDUCATION LOAN, COMMERCIAL FINANCE, SME LOANS
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
74.32%
₹ GET PRO
EBITDA
77.07%
₹ GET PRO
Net Profit
117.18%
₹ GET PRO
Networth
71.02%
₹ GET PRO
Borrowings
47.27%
₹ GET PRO
Assets
47.38%
₹ GET PRO
Gross Margin
-
GET PRO%
Operating Margin
1.22
GET PRO%
Net Profit Margin
3.89
GET PRO%
Return on Equity
1.98
GET PRO%
ROCE
-9.06
GET PRO%
Debt to Equity
-0.44
GET PRO
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (1)
State Type Address

location icon Locations on Map

Map placeholder

Tofler Score

score img
Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

Read more

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Gross margin GET PRO GET PRO GET PRO GET PRO GET PRO
Operating margin GET PRO GET PRO GET PRO GET PRO GET PRO
Net margin GET PRO GET PRO GET PRO GET PRO GET PRO
Networth
Borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Debt to equity GET PRO GET PRO GET PRO GET PRO GET PRO
Current ratio GET PRO GET PRO GET PRO GET PRO GET PRO
ROE GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
WC days GET PRO GET PRO GET PRO GET PRO GET PRO
chart icon

Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital GET PRO GET PRO GET PRO GET PRO GET PRO
Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
Borrowings + GET PRO GET PRO GET PRO GET PRO GET PRO
Long term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Short term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Trade payables + GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
Other liabilities + GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Other current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Total liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Tangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
CWIP GET PRO GET PRO GET PRO GET PRO GET PRO
Intangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
LT loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Current assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Inventories GET PRO GET PRO GET PRO GET PRO GET PRO
Trade receivables GET PRO GET PRO GET PRO GET PRO GET PRO
Cash and cash equivalents GET PRO GET PRO GET PRO GET PRO GET PRO
ST loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Total assets GET PRO GET PRO GET PRO GET PRO GET PRO
chart icon

Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + GET PRO GET PRO GET PRO GET PRO GET PRO
Sales growth % GET PRO GET PRO GET PRO GET PRO GET PRO
Expenses + GET PRO GET PRO GET PRO GET PRO GET PRO
Cost of goods GET PRO GET PRO GET PRO GET PRO GET PRO
Employee cost GET PRO GET PRO GET PRO GET PRO GET PRO
Other costs GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit + GET PRO GET PRO GET PRO GET PRO GET PRO
Operating margin % GET PRO GET PRO GET PRO GET PRO GET PRO
Other income GET PRO GET PRO GET PRO GET PRO GET PRO
Interest GET PRO GET PRO GET PRO GET PRO GET PRO
Depreciation GET PRO GET PRO GET PRO GET PRO GET PRO
Exceptional items GET PRO GET PRO GET PRO GET PRO GET PRO
Profit before tax GET PRO GET PRO GET PRO GET PRO GET PRO
Tax GET PRO GET PRO GET PRO GET PRO GET PRO
Profit - disc. ops GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net margin % GET PRO GET PRO GET PRO GET PRO GET PRO
chart icon

Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Net Debt/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Total Debt/Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Total Assets/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Liquidity +
Current Ratio GET PRO GET PRO GET PRO GET PRO GET PRO
Quick Ratio GET PRO GET PRO GET PRO GET PRO GET PRO
Interest Coverage GET PRO GET PRO GET PRO GET PRO GET PRO
Performance
Gross Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Operating Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Net Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Return +
Return on Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Pre-tax ROCE GET PRO GET PRO GET PRO GET PRO GET PRO
Return on Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Pre-tax ROIC GET PRO GET PRO GET PRO GET PRO GET PRO
Efficiency +
Days Payable GET PRO GET PRO GET PRO GET PRO GET PRO
Days Inventory GET PRO GET PRO GET PRO GET PRO GET PRO
Days Receivable GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Asset Turnover GET PRO GET PRO GET PRO GET PRO GET PRO
Total Asset Turnover GET PRO GET PRO GET PRO GET PRO GET PRO
Working Capital
Cash Conversion Cycle GET PRO GET PRO GET PRO GET PRO GET PRO
Working Capital Days GET PRO GET PRO GET PRO GET PRO GET PRO
chart icon

Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Catalyst Trusteeship Limited

No. of Loans: 16

Total Amount : 15,496.8 cr

2

No. of Loans: 2

Total Amount : 325.0 cr

3

Bajaj Finance Limited

No. of Loans: 1

Total Amount : 50.0 cr

4

GDA Trusteeship Limited

No. of Loans: 1

Total Amount : 50.0 cr

5

National Skill Development Corporation

No. of Loans: 1

Total Amount : 9.9 cr

chart icon

Charges

Catalyst Trusteeship Limited
Bajaj Finance Limited
GDA Trusteeship Limited
Others

People

Designation Name DIN/PAN Tenure
CS Rajesh Pravinkumar Gandhi <HIDDEN> 2 years
Director Neeraj Swaroop 00061170 5 years
Director Sunish Sharma 00274432 0 years
Director Ravi Venkatraman 00307328 3 years
Director Vijayalakshmi Iyer 05242960 5 years
Director Savita Mahajan 06492679 6 years
Director Narendra Ostawal 06530414 5 years
Director Hemant Omprakash Mundra 08192978 0 years
Kmp Amit Gainda <HIDDEN> 8 years
Managing Director Amit Gainda
Shareholder
09494847 3 years
Kmp Vikrant Virendra Gandhi <HIDDEN> 1 years
Director Luca Molinari 10615114 0 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
SBFC FINANCE LIMITED
Active
1,076.6 Cr 2 Maharashtra
SPANDANA SPHOORTY FINANCIAL LIMITED
Active
71.3 Cr 2 Telangana
HDFC SECURITIES LIMITED
Active
17.7 Cr 1 Maharashtra
NISH CAPITAL ADVISORS LLP
Active
1.0 L 1 Maharashtra
KEDAARA CAPITAL FUND II LLP
Active
5,166.3 Cr 1 Maharashtra
NISH CAPITAL ADVISORY SERVICES LLP
Active
1.0 L 1 Maharashtra
NISH CAPITAL GROWTH ADVISORS LLP
Active
49.7 Cr 1 Maharashtra
KEDAARA CAPITAL FUND SERVICES LLP
Active
1.0 L 1 Maharashtra
NISH CAPITAL INVESTMENT ADVISORS LLP
Active
1.0 L 1 Gujarat
KEDAARA CAPITAL GROWTH FUND III LLP
Active
8,008.2 Cr 1 Gujarat
CARE HEALTH INSURANCE LIMITED
Active
973.1 Cr 1 Delhi
KEDAARA CAPITAL ADVISORS LLP
Active
1.0 L 1 Maharashtra
KEDAARA CAPITAL FUND III LLP
Active
4,785.7 Cr 1 Maharashtra
VEDANT FASHIONS LIMITED
Active
24.3 Cr 1 West Bengal
SARVAGRAM SOLUTIONS PRIVATE LIMITED
Active
4.6 L 1 Maharashtra
KOTAK MAHINDRA PRIME LIMITED
Active
3.5 Cr 1 Maharashtra
MAHINDRA BUSINESS & CONSULTING SERVICES PRIVATE LIMITED
Amalgamated
1.0 L 1 Maharashtra
BAJAJ FINSERV MUTUAL FUND TRUSTEE LIMITED
Active
10.0 L 1 Maharashtra
ESAF SMALL FINANCE BANK LIMITED
Active
514.9 Cr 1 Kerala
ADITYA BIRLA ARC LIMITED
Active
132.0 Cr 1 Maharashtra
ZURICH KOTAK GENERAL INSURANCE COMPANY (INDIA) LIMITED
Active
1,072.7 Cr 1 Maharashtra
BFSI SECTOR SKILL COUNCIL OF INDIA
Active
2.0 Cr 1 Maharashtra
COMPUTER AGE MANAGEMENT SERVICES LIMITED
Active
49.2 Cr 1 Tamil Nadu
AXIS MUTUAL FUND TRUSTEE LIMITED
Active
5.0 L 1 Maharashtra
GAWAR INVESTMENT MANAGER PRIVATE LIMITED
Active
13.0 Cr 1 Haryana
L&T METRO RAIL (HYDERABAD) LIMITED
Active
7,413.0 Cr 1 Telangana
ICICI SECURITIES LIMITED
Active
162.0 Cr 1 Maharashtra
GLENMARK PHARMACEUTICALS LIMITED
Active
28.2 Cr 1 Maharashtra
ADITYA BIRLA CAPITAL LIMITED
Active
2,605.2 Cr 1 Gujarat
CG POWER AND INDUSTRIAL SOLUTIONS LIMITED
Active
305.7 Cr 1 Maharashtra
AUROBINDO PHARMA LTD
Active
58.1 Cr 1 Telangana
BHAGIRATH RESURGENCE PRIVATE LIMITED
Active
1.0 L 1 Delhi
INDIA SHELTER FINANCE CORPORATION LIMITED
Active
53.7 Cr 1 Haryana
GEMINI EDIBLES & FATS INDIA LIMITED
Active
10.3 Cr 1 Telangana
CAPITAL FIRST LIMITED
Amalgamated
99.1 Cr 1 Maharashtra
INDIAFIRST LIFE INSURANCE COMPANY LIMITED
Active
754.4 Cr 1 Maharashtra
HOME FIRST FINANCE COMPANY INDIA LIMITED
Active
17.8 Cr 1 Maharashtra
NNA CRE PROPERTIES LLP
Active
15.0 Cr 1 Maharashtra
VISTAAR FINANCIAL SERVICES PRIVATE LIMITED
Active
82.3 Cr 2 Karnataka
FUSION FINANCE LIMITED
Active
101.0 Cr 1 Delhi
MICRO LIFE SCIENCES PRIVATE LIMITED
Active
4.9 Cr 1 Gujarat
WARBURG PINCUS INDIA PRIVATE LIMITED
Active
5.3 Cr 1 Maharashtra
PARKSONS PACKAGING LIMITED
Active
13.5 Cr 1 Daman and Diu
TERRA ONE PACKAGING PRIVATE LIMITED
Active
50.0 L 1 Maharashtra
MANOHAR PACKAGINGS PRIVATE LIMITED
Amalgamated
24.0 L 1 Maharashtra
M K PRINTPACK PRIVATE LIMITED
Active
2.2 Cr 1 Maharashtra
AVANSE GLOBAL FINANCE IFSC PRIVATE LIMITED
Active
1.0 L 1 Gujarat

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
AVANSE GLOBAL FINANCE IFSC PRIVATE LIMITED Gujarat 2023 ₹ 1.0 L

Registered Details

CIN

U67120MH1992PLC068060

PAN

AAACA4267A

Incorporation

1992, 32.4 years

Company Email

companysecretary@avanse.com

Paid up Capital

₹ 125.9 Cr

Authorised Capital

₹ 200.0 Cr

AGM

Jul 2024

Type

Public
Non-government Company

Last Balance Sheet Date

Mar 2024 Updated on : 20 Oct 2024
* This is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - AVANSE FINANCIAL SERVICES LIMITED

What is the incorporation date of AVANSE FINANCIAL SERVICES LIMITED?

plus icon

The incorporation date of AVANSE FINANCIAL SERVICES LIMITED is 07 August, 1992

What is the authorized share capital of AVANSE FINANCIAL SERVICES LIMITED?

plus icon

The authorized share capital of AVANSE FINANCIAL SERVICES LIMITED is INR ₹ 200.0 Cr.

What is the paid-up capital of AVANSE FINANCIAL SERVICES LIMITED?

plus icon

The paid-up capital of AVANSE FINANCIAL SERVICES LIMITED is INR ₹ 125.9 Cr.

What is the registered address of AVANSE FINANCIAL SERVICES LIMITED?

plus icon

The registered address of AVANSE FINANCIAL SERVICES LIMITED is 4th Floor, E-Wing, Times Square, Andheri-Kurla Road Gamdevi, Marol, Andheri East Marol Naka Mumbai Mumbai Maharashtra - 400059

What is the CIN number of AVANSE FINANCIAL SERVICES LIMITED?

plus icon

The CIN number of AVANSE FINANCIAL SERVICES LIMITED is U67120MH1992PLC068060.

Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More